Senior Regulatory Specialist 138309

Nedbank Private Wealth; Johannesburg; On-site; ZAR 600 000 - 800 000; Full time

Job summary

A leading financial institution is seeking a Compliance Manager to assist in coordinating and managing the Compliance function. The role involves monitoring regulatory risks, providing expert advice, and fostering a culture of transformation within the organization. The ideal candidate will have substantial experience in compliance and governance, ensuring the bank meets its regulatory obligations while enhancing shareholder value.

Qualifications

• At least 5 years of legal, regulatory, or compliance experience.
• Minimum of 2 years at management level.

Responsibilities

• Assist in setting the annual budget for the compliance function.
• Support managers in monitoring governance and compliance risks.
• Manage staff performance and mentor to address performance gaps.

Skills

Change management

Client service management

Diversity management

Employee training and development

Governance, Risk, and Controls

Strategic planning

Effective communication

Decision making

Education

Advanced Diplomas / National 1st Degrees

Post Graduate Diploma in Compliance

Job description

Job Family

Risk Audit and Compliance

Regulatory Compliance

Manage Managers

Job Purpose

To assist the Head of Compliance with the coordination, facilitation, and management of the Compliance function for the Division through monitoring, reporting, developing networks, and providing advice to minimise regulatory, reputational, and compliance risks. The goal is to avert potential litigations and penalties, ultimately increasing shareholder value for the bank.

Job Responsibilities

1. Assist the Head of Compliance in setting the annual budget for the Business Unit / Cluster compliance function.
2. Support managers within the Business Unit to monitor risks related to governance and compliance by providing guidance or expert advice to governance and compliance officers.
3. Ensure transformational targets are met. Contribute to a culture of transformation by participating in Nedbank culture-building initiatives, business strategy, and CSI.
4. Participate in developing, implementing, and addressing issues raised in culture surveys to improve results.
5. Manage staff performance through performance agreements and a clear vision.
6. Mentor and coach staff to address performance gaps.
7. Motivate staff to perform and contribute to the success of the business by fostering teamwork, sharing information, and encouraging participation in decision-making processes.

Essential Qualifications NQF Level

• Advanced Diplomas / National 1st Degrees

Preferred Qualification

• Post Graduate Diploma in Compliance or equivalent

Preferred Certifications

• Compliance Institute of South Africa (CISA) – preferred but not essential

Minimum Experience Level

• At least 5 years of legal, regulatory, or compliance experience, with a minimum of 2 years at management level
• Subject Matter Expert (SME) on Banks Act

Technical / Professional Knowledge

• Change management
• Client service management
• Diversity management
• Employee training and development
• Governance, Risk, and Controls
• Principles of project management
• Relevant regulatory knowledge
• Strategic planning
• Decision making
• Work standards
• Effective communication
• Driving for results

Please contact the Nedbank Recruiting Team for more information.